Reported 10 days ago
Recent inflation data suggests the Federal Reserve will likely pause interest rate adjustments in its upcoming January meeting. The core Consumer Price Index showed a slight increase of 0.2% in December, down from 0.3% in November, indicating progress in addressing inflation, albeit slowly. Many Fed officials emphasize caution regarding future cuts, with uncertainty surrounding potential policy changes from the incoming Trump administration contributing to the cautious outlook.
Source: YAHOO